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insurance
(redirected from Insuring Agreements)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.03 sec.
Insurance
Guarding against property loss or damage by making payments in the form of premiums to an insurance company, which pays an agreed-upon sum to the insured in the event of loss.
Insurance
A contract between a client and a provider whereby the client makes monthly payments, called premiums, in exchange for the promise that the provider will pay for certain expenses. For example, if one purchases health insurance, the provider will pay for (some of) the client's medical bills, if any. Likewise in life insurance, the provider will give the client's family a certain amount of money when the client dies. The insurance company spreads the risk of any one expense by pooling the premiums from many clients. See also: Takaful.
insurance

A commercial contract agreeing to compensate one for loss in the event of specifically named or described risks.
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These are commonly referred to as Insuring Agreements A, B and C.
A tailor an executive liability program to fit your client: ... by Minkel, Monica M. / American Agent & Broker
Losses must fall within one or more of a crime policy's insuring agreements for the policy to respond.
Does the policy fit the crime? Recent Bernard Madoff-related coverage ... by Collins, Mark A.; Smethurst, Ryan S.; Rogaczewski, Joshua D. / Risk & Insurance
Second, the excess policy and the primary policy must include the same insuring agreements, and the policy limit in the primary policy must match the retention amount in the excess policy so that coverage under the excess policy is triggered when the primary policy's limit is exhausted.
Bridging the gap by Warfel, William J. / Risk Management
 
 
 
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